Anglo American (LSE: AAL) shares have also been rising rapidly in recent months. The diversified miner has recorded an increase in its valuation of 94% in the last three months and a key reason has been improved investor sentiment in the resources sector.
Since the turn of the year, shares in Tullow Oil(LSE: TLW) have risen by a whopping 50%. Clearly, that's at least partly because of the rising oil price, with it having almost doubled from its 2016 low.
Globally-diversified FTSE 100-listed mining giant Anglo American (LSE: AAL) endured a horror show in 2015, its share price plunging 75% as Chinese demand slowed, metal prices fell, cheap oil smashed sentiment, and the stronger dollar did the rest.